Banking & Finance Program

Program Title Banking and Finance
Final Qualification Bachelor of Science
Projected Study Time 4 years
ECTS Points 240 ECTS
Language of Study English
Mode of Study  Full Time (Face to face)

The Banking and Finance program has been developed to build up competencies in finance, banking, accounting, insurance and management as well as legal frameworks. It has a special focus on banking and finance areas. The program aims at developing the necessary skills and knowledge to successfully manage financial and banking activities, projects, entities at local and international level. The program offers comprehensive understanding of a variety of banking and finance concepts, instruments, methods and techniques in a global context. Our graduates will be able to critically think on current issues in banking and finance fields.

The main goal of the BS in Banking and Finance program is to prepare highly educated professionals in banking and finance areas. The program’s qualification objectives are to support personal development of students, involving them in research activities that will contribute in students’ local and international employability. Students will be engaged in activities in financial and banking entities in favor of economic and social development at international level. The program will prepare students for active citizenship, forming appropriate cultural, social and behavioral skills.

Program graduates will be equipped with all the knowledge, skills and competencies that comprise the program learning outcomes (PLOs) to successfully join the banking and finance work environment.

Upon successful completion of the program, graduates are able to:
1. Demonstrate knowledge proficiency in banking and finance theories.
2. Explain fundamental functions of banking and financial structures, markets, and securities.
3. Demonstrate knowledge of theories, concepts and models in the areas of economics, and business management.
4. Construct companies’ financial statements by applying international accounting standards.
5. Analyze banking and financial data by applying financial ratios.
6. Employ research skills to carry quantitative and qualitative research analysis by applying modern information technologies.
7. Evaluate banking and finance related issues from ethics and social responsibility perspectives.
8. Apply critical thinking and creativity skills, collaboration and teamwork values in professional work environment.
9. Apply developed knowledge, skills and competencies to continue in graduate programs and pursue international career.

The Banking and Finance related positions are always in high demand with varied job possibilities and ongoing request for skilled experts. The BS in Banking and Finance degree enables you to find career within the corporations, investment and commercial banks, insurance companies, governmental organizations. The BS in Banking and Finance program will prepare you for career opportunities in today's dynamic job market. Our graduates will have a solid career foundation in a broad spectrum of fields from large corporations to small medium enterprises, public companies, international organizations, Central Bank. The main focus is on preparing skilled undergraduates who would have successful careers in professional positions within financial fields, capital market operations, risk management, investment management and corporate finance.

Banking and Finance Curriculum


Academic English I course covers the following topics: Development of writing and speaking skills; Improvement of Reading skills; English language structures; Lexis; Improvement of Report Connecting critical thinking with language skills; Incorporating technologies to improve English learning; Introduction to model reporting; Finding and searching information sources; References; Proposal and outline; Introduction and report layout; Oral presentation input; Abstract and conclusion.


Mathematics for Social Sciences course has the following course content: First degree-equations in one variable; Second degree-equations in one variable; Inequalities; Slope-intercept form; Systems of linear equations; Two-variable systems of linear equations, Functions; Graphical representation of functions. Linear functions and applications; Linear cost, revenue, profit; Demand and supply functions; Break-even models. Quadratic functions and their characteristics; Polynomial functions. Exponential and logarithmic functions and their characteristics.


Introduction to Information Technology I covers the following topics: Introduction to Word; Document presentation; Document productivity; Desktop publishing and graphic design; Creating and formatting a table; Time saving tools; Document automation; Introduction to PowerPoint; Presentation development; Presentation design; Collaboration and distribution; Running and navigating a custom slide show; Designating and displaying hidden slides; Introduction to Excel; Managing worksheets; Formulas and functions; Financial functions; Datasets and tables.


Microeconomics course the following main topics: Economy and economic systems; How people make decisions and how economy works as a whole; Demand and supply; Shift vs. movement along the curve; Price elasticity; Applications of supply, demand, and elasticity; Consumer and producer surplus; Market efficiency and the standard economic model; Budget constraint; Optimization and preferences; Cost in the short and long run; Competitive market; Supply curve in competitive market; Profit maximization.


Introduction to Business I course has the following course content: Dynamics of business economics; Business ethics and social responsibility; Specify how businesses can promote ethical behavior; Business in a borderless world; Explore some of the factors within the international trade environment that influence business; Options for organizing business; Small business, Describing how to start a small business and what resources are required; Entrepreneurship and franchising; Nature of management; Organization, Teamwork and Communication; Managing service and manufacturing operations.


Turkish I course covers the following topics: Turkish alphabet; Phonetic structure of Turkish language; Plural suffix; Negative and interrogative sentences; Adjectives; Vocabulary and pronunciation; Numbers; Verbs in present simple and continuous tenses; Verb “to be”; Adjectives; Reading; Writing; Speaking; Locative cases; Listening exercises; exercises in pronunciation; Case endings; conversational exercises; Oral presentation.


Academic English II course has the following course content: Writing an opinion paragraph; Practice and production; Vocabulary learning; Identifying text types; Cohesion and instructional texts; Meaning behind the words; Organizing a coherent paragraph; Recognizing definitions in context; Matching main points of paragraphs; How to prepare an outline; How to write a thesis statement; Writing a proposal; Choosing a report topic; Finding sources; Skimming, scanning and note‐taking; Review of genres; Matching genres to tasks; Quoting; Paraphrasing.


Mathematics for Social Sciences II course has the following course content: Functions; Type of functions; Polynomial functions; Constant functions; Linear functions; Quadratic functions and their graphs; Higher order polynomials; Rational functions; Square root functions; Exponential functions, Logarithmic functions, Compound functions; Limits and continuity; Differentiation; Optimization and applications; Functions of several variables; Partial derivatives; Integral calculus; Integration; Rules on integration; Definite integral; Integral applications.


Introduction to Information Technology II covers the following course content: Introduction to Excel; Managing worksheets; Selecting, moving, copying, and pasting; Formulas and functions; Using cell references in formulas; Using date functions; Using logical, IF, lookup, and financial functions; Datasets and tables; Subtotals; PivotTables, and pivot charts; What-if Analysis; Specialized functions; Introduction to Access; Relational databases and queries; Creating and using professional forms and reports; Data validation techniques; Advanced queries.


Macroeconomics course covers the following main topics: Measuring a nation’s income; Economy’s income and expenditure; Measurement of GDP; Components of GDP; Real versus nominal GDP; International differences in GDP and the quality of life; Consumer prices index; Saving, investment, and the financial system; Production and growth; Markets for the factors of production; Unemployment; The Monetary system; Money growth and inflation; Open-Economy macroeconomics: Basic concepts; Aggregate demand and aggregate supply; Influence of monetary and fiscal policy on aggregate demand.


Introduction to Business II covers the following main topics: Creating the human resource advantage; Employee motivation; Strategies for motivating employees; Planning for human resources needs; Recruiting and selecting new employees; Developing the workforce; Compensating the workforce; The importance of workforce diversity; Developing marketing relationships; The marketing mix; Product strategy; Pricing strategy; Distribution strategy; Promotion strategy; Growth and benefits of digital communication; Financing the enterprise.


Business Communication course follows the following content: Establishing a framework for business communication; Focusing on interpersonal communication; Communication styles; Listening skills; Working in teams; Group dynamics and decision making; Meeting management skills; Planning written and spoken messages; Steps of planning messages; Writing resumes and preparing for job interviews; Planning and writing resume; Preparing employment messages; The interview process; Interview follow up; Types of business messages.


Intermediate Microeconomics course covers the following main topics: The basics of supply and demand; Supply and Demand; The Market mechanism; Changes in market equilibrium; Elasticities of Supply and Demand; Short-Run versus Long-Run Elasticities; Changing market conditions; Effects of government Intervention; Price Controls; Consumer behavior; Individual and Market Demand; Production; Production with two variable inputs and isoquants; The cost of production; Profit maximization and competitive supply; Market power; Monopoly; Monopsony.


Statistics I course had the following course content: What is statistics; Frequency distributions and graphic presentation; Numerical measures; Displaying and exploring data; Probability concepts; Discrete probability distribution; Continuous probability distribution; Sampling methods and the central limit theorem; Estimation and confidence intervals; Construction and graphing frequency distribution; Determining permutations and combinations; Sampling methods; Binomial probability distribution; Developing confidence intervals.


Principles of Accounting I course covers the following main topics: Accounting and the Business Environment; Financial and Management accounting; The elements of the accounting equation; Analyze business transactions; Rules of debit and credit; Ledger accounts after posting; Prepare and use a trial balance; Basic Financial Statements; Recording Business Transactions; Accruals and Deferrals; adjusting entries; Adjusting entries and accounting principles; Reporting Financial Results; Closing the temporary equity accounts; Merchandising Activities.


Introduction to Banking and Finance course covers the following content: The Financial Planning Process; The Personal Financial Planning Process; Thinking About Career; The Role of Money in the Macro-economy; Financial Instruments, Markets, and Institutions; Interest Rate Measurement and Behavior; Why Long-Term bonds are riskier than Short-Term bonds; Money and Capital Markets; Types of securities and Investors; The Nature of Financial Intermediation; Depository Financial Institutions; Non-depository Financial Institutions; Investment Basics.


Organizational Behavior course covers the following main topics: What Is Organizational Behavior?; Foundations of Individual Behavior: Personality and Values; Attitudes and Job Satisfaction; Perception and Individual Decision Making; Emotions and Moods; Foundations of Group Behavior; Communication; Leadership; Conflict and Negotiation; Organizational Culture; Human Resource Policies and Practices; Organizational Change and Stress Management; Organizational Behavior in the Family Business; The Significance to Organizational Behavior.


Intermediate Macroeconomics course has the following course content: How Macroeconomics Affects Our Everyday Lives; Macroeconomics in the Short Run and Long Run; The Measurement of Income, Prices and Unemployment; Income and Interest Rates; Monetary and Fiscal Policies in the IS-LM Model; The Government Budget, Debt and Limitations of Fiscal Policy; International Trade, Exchange Rates and Macroeconomic Policy; Aggregate Demand, Aggregate Supply and the Self-Correcting Economy; The Keynesian Revolution.


Statistics II course cover the following main topics: Sampling Methods and the Central Limit Theorem; Estimation and Confidence Intervals; One-Sample and Two-Sample Test of Hypothesis; Goodness of Fit Tests; Analysis of Variance; Procedure for Testing a Hypothesis; Testing for a Population Mean; Limitations of Chi-square; Analysis of Variance; Inferences about Pairs of Treatment Means; F-Distribution; Testing the hypothesis of equal population variances; Value in Hypothesis Testing. Choosing an Appropriate Sample Size; Confidence Interval.


Principles of Accounting II covers the following course content: Understanding financial assets and their valuation in the balance sheet; Preparing bank reconciliation and understanding its purpose; Accounting for uncollectible receivables; Accounting for notes receivables; Accounting for credit card sales; Inventory costing methods; First-in first-out (FIFO) method; Last-in first-out (LIFO) method; Computing depreciation by the straight-line, declining-balance, and units-of output methods; Estimated liabilities, loss contingencies, and commitments.


Financial Management course covers the following main topics: Introduction to financial management; Financial statements; Taxes and cash flow; Working with financial statements; Common size Analysis; Ratio Analysis; Sustainable and internal growth rates; Time value of money; Present Value; Future Value; Discounted cash flow valuation; Multiple cash flows; Present Value Annuity; Annuity due; Amortization loan table Interest rates and bond valuation; Equity markets and stock valuation; Net present value; Investment criteria; Scenario Analysis.


Money and Banking course has the following course content: An Introduction to Money and the Financial System; Money and the Payment System; Measuring the money supply; Lessons From the Crisis; Money and the Payment System; Financial Instruments, Financial Markets, and Financial Institutions; Future Value, Present Value, and Interest Rates; Understanding Risk; Bonds, Bond Prices, and the Determination of Interest Rates; Risk and Term Structure of Interest Rates; The Economics of Financial Intermediation; Regulating the Financial System.


Commercial Bank Management course covers the following main topics: An Overview of the Changing Financial Services Sector; The services banks offer; The Impact of Government Policy and Regulation on the Financial Services Industry; Banking Regulation; Organization and Structure of Banking and the Financial Services Industry; Establishing Banks, Branches, ATMs, Telephone Services, and Web Sites; The Financial Statement of Banks and Their Principal Competitors; Measuring and Evaluating the Performance of Banks and Their Principal Competitors.


Cost Accounting for Managerial Decision Making course covers the following topics: Differences among cost accounting, managerial accounting, and financial accounting; Understanding of cost accounting and management accounting; An Introduction to Cost Terms and Concepts; Elements of product cost; Direct costs and indirect costs; Variable costs and fixed costs; Product costs and period costs; Flow of costs in job costing system; Difference between actual costing and normal costing; Cost-Volume-Profit (CVP) Analysis: Activity-Based Costing (ABC).


Corporate Finance course has the following content: Goals and Governance of the Firm; Financing Decision; Net Present Value and Other Investment Criteria; Payback rule; Profitability index; The Weighted-Average Cost of Capital and Company Valuation; Taxes and Weighted-Average Cost of Capital; The expected return of Bonds/Stocks; Real company WACC; Introduction to Corporate Financing; Ownership of the company; Venture Capital, IPOs, and Seasoned Offerings; Debt Policy; Payout Policy; Market reaction to stock issues.


International Finance course covers the following topics: Multinational Financial Management; Financial Globalization and Risk; The Global Financial Market Risk; Market Imperfections; The Theory of Comparative Advantage; The International Monetary System; History of the International Monetary System; Emerging markets and regime choices; The Balance of Payments; Trade Balances and Exchange Rates; International Parity conditions; Purchasing Power parity & Law of One Price; Exchange Rate Pass Through; Foreign Currency Futures.


International Banking course has the following topics: The World of Global Banking; Importance of foreign investments to countries?; What is an IBF?; What are the difference between branches and subsidiaries?; Money Transfers; How are transfers made through CHIPS?; The Basic commercial Letter of Credit; Bankers Acceptances; Principles of International Credit; What are financial statement and how are they used to evaluate international credit?.


Investments course covers the following topics: Asset and Security allocation of assets; Money and capital market; Indexes; Trading on Margin; Buying on Margin; Short sell; Initial Public Offerings; Season Equity Offerings; Mutual funds; Debt valuation; Callable Bonds; Credit Default Swaps; Equity Valuation; Dividend Discounting Model; Present Value of growth opportunities; Derivatives; Future contracts; Listings; Financial Instruments; Constant growth model; Multistage growth model; Maturity of Debt instruments.


Credit Analysis and Lending course has the following course content: How do we analyze credit risk; Fundamental principles of lending; 5 C’s of credit; Approached to credit risk management; Consumer lending; Evaluating personal loans; Business Risk; Financial Risk; Cash flow analysis; Ratio analysis; Loan agreements; Loan conditions; Leasing finance; Securitization; Loan management; Management of problem loans; Loan pricing; Borrowing causes; Management assessment; Personal lending and security; Estimating financing needs.


Banking Law course covers the following topics: The Law of International Trade; Terms of Deliveries; The Vienna convention on the international sale of goods; Carriage by Sea; Carriage by air; Carriage by road and carriage by inland waterways; Payment in international sale and types of documentary Credits; Contractual relationship arising under a commercial letter of credit; Disputes in international transactions; Opening of the letter of credit; Insolvency of issuing bank.


Internship is a required four weeks’ involvement in financial institutions to obtain banking and financial knowledge; skills and competencies. Students may have their internship during the summer period prior to the registration for BANK400. Completion of Internship is compulsory for all students of banking and finance program.


Portfolio Management course covers the following main topics: Risk and return; Measurements of return and risk; Scenario analysis; Markowitz portfolio theory; Optimal and complete portfolio; Capital allocation line; Index model; Capital Assets Pricing Model; Security market line; Beta and return relationship; Arbitrage pricing theory; Diversified portfolio; Efficient market hypothesis; Behavioral finance biases; Bubbles in the economy; Macroeconomics analysis; Portfolio evaluation; Beating the market; Systematic and firm-specific risks.


Risk Management and Insurance course has the following content: Fundamentals and Terminology; Exposure to Loss; Law of Large Numbers; Underwriting; Catastrophic Loss; Accidental and Unintentional Loss; Risk Management; Risk Financing Alternatives Insurance Occupations; Insurance Contracts; Crime Insurance, Reinsurance; International Risk Management; Life Insurance Agents and Brokers; Elements of a Valid Contract; Loss Adjusters; Underwriter.


Applied Research Methods course covers the following topics: Qualitative and quantitative research; Time series analysis; Panel data analysis; The Gauss–Markov theorem; Regression Analysis; Normality Assumption; Two Variable Regression Model; Classical Linear Regression Model; Hypothesis testing procedure; Test statistic; One-tailed and two-tailed tests of significance; P-value; Multiple Regression Analysis; OLS; Multicollinearity; Heteroscedasticity; Autocorrelation; Introduction to statistical packages, such as, Eviews, Stata.

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